Interested to Buy Any Domain ? << Click Here >> for more details...
Answer Posted / praveen sharma
When ever a cradit purchase is done two accounta are affected the purchase a/c & craditors a/c now as we know that the purchase a/c is a Real a/c & tha golden rule of real a/c says that Dr what comes in & cr what goes out so hare stock is comming so tha stock a/c or purchase a/c will be Debited & craditor a/c is a personal a/c and the rule of personal a/c says Dr the reciver & cr the giver now hair we see that the craditor is the giver of stock so according to rule craditor s a/c Willbe cradited
Purchase a/c Dr
To craditor s a/c
| Is This Answer Correct ? | 3 Yes | 0 No |
Post New Answer View All Answers
HI i have been shortlisted for the Syndicate bank PO post. Can any one guide me about the interview questions..and answers?
Hi Iam Arun D. I m short listed for Karnatka bank interview. Can anybody share ur experiences regarding Bank interview of karnatka bank which was held on dec for Officer's post. Please help me I f u can. thanx in advance
please tell me short cut method in maths as well as in english for correcting the error for the post of clerck in bank exam
What is fixed liabilities
Expand SCERT
Clasify Loss
What is a bad credit score?
Harpithas due Rs 55000 was settled infull by taking Haris due Rs 12500 in adjustment Pass necessary entry
Expand RMP
Purchase book is a ----------journal
purchase car from toyota innova 50000 cheque from one firm and 449893 from other firm.... and 1350000 loan saction from kotak mahindra.....how can entry make with interest
Expand SOIT
Dear all, Could you suggest me that if got a job in a/cs in Big org but on payroll of Outsourcing company,What should to prefer the company payroll or job the ?
EXPAND___________NPO
Do you need an income statement if you do part time contract work at home?
